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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Rosemary who wrote (3713)5/6/1998 11:51:00 PM
From: P Wright  Read Replies (1) | Respond to of 6317
 
Hello, I am new to this thread, went long on May 1st purchasing the shares @ 36.25. Technicals look good the 10 moving average has crossed above both the 30 and 90 day MAs. Also on balance volume (14 day) has increased from -31m on April 27 to 10m on May 5. Furthermore I like the long term prospects of this company as a direct play on the trend of OEM increasing manufacturing outsourcing.
Target FY 99......eps 2.31........pe 24.......shareprice 55.44